https://www.taxtmi.com/caselaws?id=242888 The court allowed the dealers' request to withdraw appeals challenging the reduction of penalty amounts for late submission of returns. The tribunal's decision to reduce penalties to 25% without formal penalty orders was set aside. The court directed the appropriate authority to issue formal penalty orders based on the deposited amounts, as agreed by the dealers, within four weeks. The dealers agreed to treat the deposited amounts as penalties and were willing to pay to have their registrations restored. Tax Appeals and related Civil Applications were disposed of accordingly. en-us Fri, 20 Dec 2013 00:00:00 +0530 Wed, 22 Jan 2014 06:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242888 The court allowed the dealers' request to withdraw appeals challenging the reduction of penalty amounts for late submission of returns. The tribunal's decision to reduce penalties to 25% without formal penalty orders was set aside. The court directed the appropriate authority to issue formal penalty orders based on the deposited amounts, as agreed by the dealers, within four weeks. The dealers agreed to treat the deposited amounts as penalties and were willing to pay to have their registrations restored. Tax Appeals and related Civil Applications were disposed of accordingly. Case-Laws VAT and Sales Tax Fri, 20 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242888